26,681 Shares in Invitation Home $INVH Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new stake in Invitation Home (NYSE:INVH) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 26,681 shares of the company’s stock, valued at approximately $806,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. bought a new position in Invitation Home in the second quarter valued at approximately $1,866,973,000. Norges Bank bought a new stake in Invitation Home during the fourth quarter worth $1,438,952,000. State Street Corp lifted its stake in Invitation Home by 1.3% during the third quarter. State Street Corp now owns 36,621,403 shares of the company’s stock worth $1,084,514,000 after purchasing an additional 462,379 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Invitation Home by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 16,934,620 shares of the company’s stock valued at $468,997,000 after purchasing an additional 203,474 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of Invitation Home by 8.8% in the 3rd quarter. Daiwa Securities Group Inc. now owns 14,487,603 shares of the company’s stock valued at $424,922,000 after purchasing an additional 1,168,113 shares in the last quarter. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Cfra cut Invitation Home from a “hold” rating to a “sell” rating and lowered their price target for the stock from $29.00 to $27.00 in a report on Wednesday, May 27th. Raymond James Financial raised Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price objective on the stock in a research note on Monday, May 18th. Scotiabank lifted their target price on Invitation Home from $29.00 to $30.00 and gave the company a “sector perform” rating in a research report on Thursday, June 18th. Barclays boosted their target price on Invitation Home from $32.00 to $36.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Finally, Keefe, Bruyette & Woods raised their price target on shares of Invitation Home from $29.00 to $31.00 and gave the company a “market perform” rating in a research note on Wednesday, August 5th. Ten equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Invitation Home presently has an average rating of “Hold” and an average target price of $32.53.

Invitation Home Stock Performance

Invitation Home stock opened at $29.30 on Friday. The business has a 50 day moving average of $29.96 and a 200-day moving average of $28.14. The company has a market capitalization of $17.31 billion, a P/E ratio of 26.88, a P/E/G ratio of 4.17 and a beta of 0.83. Invitation Home has a 1 year low of $24.25 and a 1 year high of $31.33. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.02 and a quick ratio of 0.02.

Invitation Home (NYSE:INVH) last posted its earnings results on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.17 by $0.34. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The business had revenue of $747.55 million for the quarter, compared to the consensus estimate of $731.13 million. During the same period last year, the company earned $0.48 EPS. The firm’s revenue was up 9.7% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, equities research analysts predict that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were paid a $0.30 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. Invitation Home’s payout ratio is currently 110.09%.

Invitation Home Company Profile

Invitation Homes (NYSE: INVH) is a real estate investment trust that specializes in the ownership, operation and leasing of single-family rental homes across the United States. The company focuses on acquiring suburban and urban-adjacent single-family residences and managing them as rental properties for households seeking professionally managed, long-term housing alternatives to traditional homeownership or multifamily rentals.

Operationally, Invitation Homes is involved in the full lifecycle of the single-family rental business: sourcing and acquiring homes, performing renovations and ongoing maintenance, marketing and leasing properties, and providing property management and resident services.